Remgro Balance Sheet Health
Financial Health criteria checks 6/6
Remgro has a total shareholder equity of ZAR119.8B and total debt of ZAR5.9B, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are ZAR139.8B and ZAR20.0B respectively. Remgro's EBIT is ZAR2.7B making its interest coverage ratio -3.8. It has cash and short-term investments of ZAR9.5B.
Key information
4.9%
Debt to equity ratio
R5.90b
Debt
| Interest coverage ratio | -3.8x |
| Cash | R9.49b |
| Equity | R119.82b |
| Total liabilities | R20.01b |
| Total assets | R139.83b |
Recent financial health updates
No updates
Recent updates
We Think The Compensation For Remgro Limited's (JSE:REM) CEO Looks About Right
Nov 21
Remgro Limited's (JSE:REM) Price Is Out Of Tune With Revenues
Oct 28Remgro Limited (JSE:REM) Investors Are Less Pessimistic Than Expected
Jul 11Investor Optimism Abounds Remgro Limited (JSE:REM) But Growth Is Lacking
Mar 13Why We Think Shareholders May Be Considering Bumping Up Remgro Limited's (JSE:REM) CEO Compensation
Nov 28Here's Why Remgro (JSE:REM) Has Caught The Eye Of Investors
Jun 27Here's Why Remgro (JSE:REM) Has Caught The Eye Of Investors
Feb 24This Is Why We Think Remgro Limited's (JSE:REM) CEO Might Get A Pay Rise Approved By Shareholders
Nov 24Here's Why We Think Remgro (JSE:REM) Might Deserve Your Attention Today
Nov 11There Is A Reason Remgro Limited's (JSE:REM) Price Is Undemanding
Oct 01Financial Position Analysis
Short Term Liabilities: REM's short term assets (ZAR26.8B) exceed its short term liabilities (ZAR13.0B).
Long Term Liabilities: REM's short term assets (ZAR26.8B) exceed its long term liabilities (ZAR7.0B).
Debt to Equity History and Analysis
Debt Level: REM has more cash than its total debt.
Reducing Debt: REM's debt to equity ratio has reduced from 19.3% to 4.9% over the past 5 years.
Debt Coverage: REM's debt is well covered by operating cash flow (80.9%).
Interest Coverage: REM earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 20:28 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Remgro Limited is covered by 11 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nick Brummer | Citigroup Inc |
| Warren Goldblum | Deutsche Bank |
| Dino Constantinou | Investec Bank Limited (SA) |